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Personal Finance (INTEREST RATES (CONSIDER (Compares with countries…
Personal Finance
INTEREST RATES
Effective Annual
It is the interest rate that is actually paid on an investment or loan due to the result of compounding over a given time period.
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CAT (APR)
(Includes interests, fees and commissions)/credit
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FV
The higher the interest rate the lower the PV & the higher the FV and
More periods mean more interests
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Paulina del Angel A01206728
Adolfo Rendon A01702473
Rene Hoyos Garcia A01411286
Claudio Martinez A01700764
Juan Pablo Licona A01702568
Karina Baldovinos A01272161
